Digital49ers
 
vires in numeris
Bitcoin is an experimental digital currency that allows instant payments to anyone, anywhere in the world. Bitcoin uses peer-to-peer technology to operate with no central authority. Money transfers and the minting of new coins are carried out collectively by the network. The open source software that enables Bitcoin is released under the MIT license. Click here for a concise explanation of how it works or here for a detailed technical description.
Keep Calm and Slave On
What Crypto Really Thinks About Litecoin's Banking Ambitions
15 Jul 2018 11:30 A much-talked-about deal between a cryptocurrency non-profit and a bank saw cheers and jeers this week, and all sorts of reactions in between.

$13.5 Million Hack Ignites Fresh Debate Over Crypto Project Bancor
15 Jul 2018 10:40 The security breach of a well-funded blockchain project renewed critiques against its technology this week.

A US Election Probe Implicated Bitcoin – And the Reaction Was Swift
14 Jul 2018 08:50 The revelation bitcoin may have played a role in one of the biggest U.S. elections scandals has crypto supporters and mainstream pundits talking.

Muh Monopoly! How a Banker's Talk Sparked All Kinds of Crypto Mockery
14 Jul 2018 08:10 The head of the Bank of International Settlements briefly became the butt of crypto Twitter trolling last week after issuing new comments on the tech.

5 Crypto Assets Are Soaring Big on Possible Coinbase Listings
13 Jul 2018 21:45 Coinbase announced they might add five more cryptocurrencies to their platform, and the market reacted with glee.

PARSEC: The Release of the Code
11 Jul 2018 10:02 At the end of May, we announced the release of the PARSEC Whitepaper and RFC. Standing for the Protocol for Asynchronous Reliable Secure and Efficient Consensus, the new consensus mechanism will power not only the SAFE Network but will also help many other decentralised projects looking to build global, permissionless networks across the world. The […]

Proof of Resource
05 Jul 2018 13:13 The SAFE Network is a vast project which involves many different technological innovations. That’s hardly surprising when you consider that our mission is to provide a new decentralised internet that will provide privacy, security and freedom for the world. But it does mean that it’s not unusual to find that certain principles that lie behind […]

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"The root problem with conventional currency is all the trust that's required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust. Banks must be trusted to hold our money and transfer it electronically, but they lend it out in waves of credit bubbles with barely a fraction in reserve. We have to trust them with our privacy, trust them not to let identity thieves drain our accounts. Their massive overhead costs make micropayments impossible. With e-currency based on cryptographic proof, without the need to trust a third party middleman, money can be secure and transactions effortless."
Satoshi Nakamoto